The most useful way of standardizing financial statements is to choose a _<u>base year</u>,_ and then express each item in the period under review relative to the _amounts____ in the base year.
<h3>What are comparative financial statements?</h3>
Comparative financial statements compare a particular financial statement with previous statements. Previous financial statements are presented in side-by-side columns with the latest figures. With this, investors are able to track a company's progress over some periods and compare the company's financial results and performance with its industry competitors.
Thus, financial statements can be compared using financial ratios, which express the relationships between the various items within a financial statement, or using a base year.
Learn more about comparative financial statements and financial ratios here: brainly.com/question/9091091
Answer:
$600 million
Explanation:
On January 1, 2020, the balance of common stock & APIC
Common stock & APIC = Paid-In Capital + Share Capital raised by issuing 50 million shares at $20 per share - Treasury Stock
Here
Paid-In Capital is $500 millions
Issue of 50 million shares at $20
Treasury Stock is 20 million shares at $45 per share
By putting the values, we have:
Common stock & APIC = $500 million + $1000 million - (20 million shares * $45 per share)
Common stock & APIC = $1500 millions - $900 million = $600 million
Answer:
ok I'll give you what I know monopolies are one business operating so try and use that
Answer:
The kind of corporate takeover technique implemented in the film is proxy fight.
Explanation:
A proxy fight is termed as a technique where two corporate factions ask the stakeholders for the proxy votes such that the right of voting is transferred.
In this case both the parties, the heiress as well as the opponent is asking for the right of vote from stakeholders so that they can decide the corporate future. This is the key feature of the proxy fight and thus this is the correct option.
